Finance Committee Agenda and Packet 2020 11 17

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City Council Finance Committee Meeting Minutes 10/20/20 Page 2 of 5 ENTERPRISE DASHBOARDS Finance Director Watson began the discussion by noting the meeting packet included the Recreation Center and Golf Course dashboards only, not the Utility dashboards, since the Utility Committee had not yet reviewed those. The Finance Committee requested that the Utility dashboards be distributed to both the Finance Committee and Utility Committee via e-mail. Parks & Recreation Director Mosley presented and summarized the dashboards for the Golf Course and the Recreation Center. Regarding the Golf Course, Director Mosley noted positive numbers, including: • A 22% increase in rounds over budget for third quarter and 7% increase in rounds over third quarter last year. • A 24% increase in revenue over budget for third quarter and 15.5% increase over third last year. • An 8% reduction in expenditures compared to budget for the third quarter due to early closures and the inability to hire seasonal staff. • Year-to-date, revenue is 9.7% over budget and 9.4% over the same period in 2019. • Year-to-date, expenditures are down 9.8% from budget. David Baril noted increase participation at Coal Creek Golf Course is following nation-wide trends and that the increased participation is projected to continue through 2021. Director Mosley reminded the Committee that the 2021 proposed budget includes a new full-time Golf Course Maintenance position. 2021. Regarding the Recreation Center, Director Mosley noted the following: • Staff has been refining and updating revenue projections over past couple of months. September revenue exceeded the targets by 163% and staff will continue to monitor the revenue projections. • Total Recreation Center visits are down 62% year -over -year. • Program revenue down 44% year -over -year. • Membership revenue down 50% year -over -year • Expenditures down 21 % year over year Council Member Lipton stated that the September numbers were very encouraging and that staff is doing a good job of operating the Recreation Center.